Mary & Dick's Blog

New Homes for Sale in Fort Collins CO - July 2016 Market Update

This is the July 2016 Real Estate Market Update for
New Homes for Sale in Fort Collins CO

 

If you are attracted to the concept of a new, never-before-lived-in home, with the latest ideas in home design and energy efficiency, and the opportunity to make it uniquely your own by choosing your own finishes, fixtures and appliances, you'll find much of interest in browsing the available inventory of New Homes for Sale in Fort Collins CO.

 

New Homes for Sale Fort Collins CO July 2016

 

New home builders continue to be active in the Fort Collins real estate market, so the inventory is substantial - there are 135 new homes currently listed*, priced from a low of $279,900 to a high of $1,200,000, providing a nice selection of locations, sizes, styles, features and price. Of these 135 homes, 33 are finished and ready for occupancy, 78 are under construction, and 24 are yet to be built. Homes under construction and yet to be built offer the best opportunities to select finishes and features, and perhaps even some minor design modifications.

*Note: New home inventory is somewhat understated - builders usually do not list their entire inventory in the Multiple Listing Service (MLS).

 

New homes have been selling strongly in Fort Collins CO so far in 2016 – there have been 297 sales, ranging in price from a low of $130,000 to a high of $1,195,000, with a median price of $413,900 and an average price of $433,892. Average days to get an offer for the homes that sold has been 92 days, with an average days on the market of 138 - a bit longer than resale homes because of construction time. The sale price/list price ratio for these 297 new homes was 99.9%.

 

The inventory of new homes is always changing, so if you want to track the market, let us help - we'll set up an on-going search especially for you, with your own customized web site - you'll be notified as soon as new listings are posted. And when you find something that interests you, please give us a call - we’d love to schedule a showing for you at your convenience.

Mary & Dick

Mary & Dick Greenberg
New Paradigm Partners LLC
2601 S. Lemay Ave. #41
Fort Collins, CO 80525
970-689-4663
www.maryanddick.com

 

Data Source: IRES MLS

Comment balloon 6 commentsDick Greenberg • July 19 2016 12:50PM

Comments

Dick,

I learned something new here as I was reading your post.  I did not know that builders understated their inventory...you no doubt mentioned it before, and I did not notice it.  Well, as usual this report is proof of your expertise.  A

Posted by Ron and Alexandra Seigel, Luxury Real Estate Branding, Marketing & Strategy (Napa Consultants) almost 2 years ago

Good morning Dick, nothing like the smell of a new home. Fort Collins CO buyers have a great selection to choose from, you are the Realtor to call whether buying or selling a home in Fort Collins CO.

Posted by Beth Atalay, Cam Realty of Clermont FL (Cam Realty and Property Management) almost 2 years ago

Hi Dick -- something brand new, never lived-in and with the latest amenities --- I think there are many people who like this idea.   In Fort Collins, prospective buyers looking for a new home will be ably served by you and Mary.   

Posted by Michael Jacobs, Los Angeles Pasadena Area Real Estate 818.516.4393 (Coldwell Banker Residential Brokerage) almost 2 years ago

Great graphs and quality information! I bet when clients meet you they get all the information they need to understand the new home builder process. Best of luck to you in 2016!

Posted by Jan Sohlman, RE/MAX Integrity (RE/MAX Integrity) almost 2 years ago

With that wide of a price range there is sure to be something for everyone when it comes to new homes in the Fort Collins area. Great report. 

Posted by Debbie Laity, Your Real Estate Resource for Delta County, CO (Cedaredge Land Company) almost 2 years ago

What an awesome graphic. Great market report.

I'm sure it will be very helpful to new home buyers in Fort Collins!

Posted by Sharon Tara, New Hampshire Home Stager (Sharon Tara Transformations) almost 2 years ago

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